Skip to main content

Paraguay’s road development work to be funded?

A budget of US$1.2 billion will help pay for road development in Paraguay’s Chaco Region. Two of the most important road projects for the Chaco Region are the Transchaco road and the bi-oceanic highway. These projects will cost $560 million and $640 million respectively.
May 8, 2018 Read time: 1 min

A budget of US$1.2 billion will help pay for road development in Paraguay’s Chaco Region. Two of the most important road projects for the Chaco Region are the Transchaco road and the bi-oceanic highway. These projects will cost $560 million and $640 million respectively.

Related Content

  • Bridge savings in Scotland to fund road improvements
    August 27, 2014
    The project to construct the new Forth Crossing close to Scottish capital Edinburgh is looking extremely positive, with cost savings envisaged for the bridge. The Queensferry Crossing scheme now looks to require slightly less funding than had been originally expected when the plans were unveiled in 2011, due in part to tight controls over spending. The bridge costs had been budgeted at close to €2 billion (£1.6 billion) initially but the project now looks likely to cost €1.81 billion (£1.45 billion). The sa
  • Further delays expected for the Fehmarn Belt Fixed Link
    August 26, 2015
    Further delays to the planned Fehmarn Belt Fixed Link between Germany and Denmark appear likely because of objections to the project during the planning stages, Danish media reported. Government authorities in the German state of Schleswig-Holstein indicated that permission for the project, which focusses on a 17km immersed road and rail tunnel, will probably be given in 2017, and not next year as previously believed. German authorities have received about 3,100 objections to the project that has rise
  • Australian highway works in Queensland and NSW
    June 3, 2022
    Highway works in Australia’s Queensland and NSW states.
  • Paraguayan projects planned for road rebuilding
    December 15, 2014
    A series of road projects is now being funded in Paraguay due to financing being provided by the Inter-American Development Bank (IADB). Paraguay’s Ministry of Public Works and Communications is scheduling new road projects in the eastern part of the country during the first half of 2015. The US$105 million IADB loan will pay for 400kms of new roads and 2km of new bridges, with much of the work being carried out in rural areas.